MIAMI – Qantas (QF) released its group market update and remarks from its CEO, Alan Joyce. Overall, the group has high levels of optimism about the recovery speed, even though 2021 might still be in the red, albeit slightly.
Expectations are that from the second half of 2021, the airline will start to see recovery, in the way that enough flights will be able to be operated to post profits. However, 2021 is still expected to be a break-even year as a whole.
As of the end of November, the Group has A$3.6bn in liquidity available and expects to further read more ⇒
Source:: “Airways Magazine”